Perfectly testing the upper track position for short positions, currently considering whether the 4-hour middle track position can break through. If this round cannot continue the downward trend, then it may be possible to consider taking profits on short positions. Also, pay attention to whether the hourly line breaks down. For the short term, more attention should be paid to taking profits and waiting for a rebound after waking up to re-enter short positions.

However, in the medium to long term, Ethereum may have room for a rebound. The strong resistance selling point above is at 2800-2850. Medium to long term short positions can consider entering at this level, with a target profit range of around 300 points, and the defense point should pay attention to above 2920, at the Fibonacci 618 resistance position.